Is 02472, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 02472 has remained a Seller's Market.
Key Takeaway
02472 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02472, MA
How much do homes in 02472, MA cost?
Median Sold Price
$807,500
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02472 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 02472 was $807,500 in March 2024, up 1% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $411.2K | $412K | 0.2% |
| 2 Bedrooms | $602.4K | $542.5K | -10.0% |
| 3 Bedrooms | $845K | $852K | +0.8% |
| 4 Bedrooms | $950K | $1.1M | +16.8% |
| 5+ Bedrooms | $1.0M | $1.1M | +14.4% |
Summary: 02472 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 14.4%.
Housing Supply in 02472, MA
How many homes are available in 02472, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 62 | +10.7% |
Summary: The 02472 real estate market had 62 homes for sale in March 2024, a 10.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 10 | 17 | +70.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 02472 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 70%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02472, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 02472 in March 2024, up by 53.8% month-over-month. Of the 20 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for 02472, MA
How long does it take to sell a home in 02472, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 33 Days | -10.6% |
Summary: Homes in 02472 had an average of 33 days on market in Mar 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02472 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in 02472; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
